# Clearfield, Inc.: overview

CLFD · Nasdaq · CIK 796505 · [Technology](/sectors/technology.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/clfd.md) · [Financials](/companies/clfd/financials.md) · [Filings](/companies/clfd/filings.md) · [Insiders](/companies/clfd/insiders.md)

Latest reported revenue: [$43.9m](/filings/0001171843-26-005329.md) for Q3 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001171843-26-005329).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5.6 d](/filings/0001171843-25-007594.md) | [29.7](/filings/0001171843-26-000700.md) | [40.6](/filings/0001171843-26-003126.md) | [38.8](/filings/0001171843-26-005329.md) | [41.1 d](/filings/0001171843-25-007594.md) | [34.3](/filings/0001171843-26-000700.md) | [34.4](/filings/0001171843-26-003126.md) | [43.9](/filings/0001171843-26-005329.md) |
| Gross margin | % | [135.3% d](/filings/0001171843-25-007594.md) | [29.2%](/filings/0001171843-26-000700.md) | [34.4%](/filings/0001171843-26-003126.md) | [35.3%](/filings/0001171843-26-005329.md) | [34.6% d](/filings/0001171843-25-007594.md) | [33.2%](/filings/0001171843-26-000700.md) | [32.5%](/filings/0001171843-26-003126.md) | [31.8%](/filings/0001171843-26-005329.md) |
| Operating margin | % | [17.3% d](/filings/0001171843-25-007594.md) | [(6.9%)](/filings/0001171843-26-000700.md) | [4.1%](/filings/0001171843-26-003126.md) | [3.9%](/filings/0001171843-26-005329.md) | [2.3% d](/filings/0001171843-25-007594.md) | [(5.3%)](/filings/0001171843-26-000700.md) | [(6.0%)](/filings/0001171843-26-003126.md) | [5.9%](/filings/0001171843-26-005329.md) |
| Net margin | % | [(14.7%) d](/filings/0001171843-25-007594.md) | [(6.4%)](/filings/0001171843-26-000700.md) | [3.3%](/filings/0001171843-26-003126.md) | [4.1%](/filings/0001171843-26-005329.md) | [(22.1%) d](/filings/0001171843-25-007594.md) | [(1.8%)](/filings/0001171843-26-000700.md) | [(1.5%)](/filings/0001171843-26-003126.md) | [6.8%](/filings/0001171843-26-005329.md) |
| Diluted EPS | $ per share | not reported | [(0.13)](/filings/0001171843-26-000700.md) | [0.09](/filings/0001171843-26-003126.md) | [0.11](/filings/0001171843-26-005329.md) | not reported | [(0.04)](/filings/0001171843-26-000700.md) | [(0.04)](/filings/0001171843-26-003126.md) | [0.22](/filings/0001171843-26-005329.md) |
| Free cash flow | $m | [9.1 d](/filings/0001171843-24-006402.md) | [5.1](/filings/0001171843-25-000691.md) | [0.7 d](/filings/0001171843-25-003014.md) | [7.5 d](/filings/0001171843-25-005167.md) | [8.2 d](/filings/0001171843-25-007594.md) | [(2.4)](/filings/0001171843-26-000700.md) | [(2.1) d](/filings/0001171843-26-003126.md) | [8.9 d](/filings/0001171843-26-005329.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [141](/filings/0001171843-23-007342.md) | [271](/filings/0001171843-24-006402.md) | [226](/filings/0001171843-25-007594.md) | [126](/filings/0001171843-25-007594.md) | [150](/filings/0001171843-25-007594.md) |
| Gross margin | % | [43.5%](/filings/0001171843-23-007342.md) | [41.7%](/filings/0001171843-24-006402.md) | [35.4%](/filings/0001171843-25-007594.md) | [20.6%](/filings/0001171843-25-007594.md) | [33.7%](/filings/0001171843-25-007594.md) |
| Operating margin | % | [17.9%](/filings/0001171843-23-007342.md) | [23.6%](/filings/0001171843-24-006402.md) | [16.6%](/filings/0001171843-25-007594.md) | [(15.3%)](/filings/0001171843-25-007594.md) | [1.4%](/filings/0001171843-25-007594.md) |
| Net margin | % | [14.4%](/filings/0001171843-23-007342.md) | [18.2%](/filings/0001171843-24-006402.md) | [14.4%](/filings/0001171843-25-007594.md) | [(9.9%)](/filings/0001171843-25-007594.md) | [(5.4%)](/filings/0001171843-25-007594.md) |
| Diluted EPS | $ per share | [1.47](/filings/0001171843-23-007342.md) | [3.55](/filings/0001171843-24-006402.md) | [2.17](/filings/0001171843-25-007594.md) | [(0.85)](/filings/0001171843-25-007594.md) | [(0.58)](/filings/0001171843-25-007594.md) |
| Free cash flow | $m | [8.9](/filings/0001171843-23-007342.md) | [(6.2)](/filings/0001171843-24-006402.md) | [10.7](/filings/0001171843-24-006402.md) | [12.7](/filings/0001171843-24-006402.md) | [21.8](/filings/0001171843-25-007594.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/clfd/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [AIGH Capital Management LLC](/funds/1835943.md) | 2026-06-30 | $40.1m | 1,008,469 |  | New +1,008,469 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $38.1m | 957,424 |  | Added +59,556 |
| [ACK Asset Management LLC](/funds/1510940.md) | 2026-06-30 | $32.2m | 810,200 |  | Added +75,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $19.2m | 481,816 |  | Reduced −28,020 |
| [MAIRS & POWER INC](/funds/1070134.md) | 2026-06-30 | $15.3m | 385,257 |  | Reduced −346,476 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $14.8m | 371,245 |  | Added +15,492 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $14.5m | 363,209 |  | Added +40,964 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $14.2m | 357,104 |  | Added +3,618 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $12.0m | 302,039 |  | Added +16,198 |
| [PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.](/funds/1238990.md) | 2026-06-30 | $11.0m | 277,610 |  | Reduced −12,000 |

## Recent filings

[All 925 filings](/companies/clfd/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-20 | 16:00 ET | [8-K](/filings/0001171843-26-006713.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001171843-26-006713 |
| 2026-08-06 | 21:00 ET | [10-Q](/filings/0001171843-26-005329.md) | Quarterly report, period 2026-06-30 | 0001171843-26-005329 |
| 2026-08-05 | 20:00 ET | [8-K](/filings/0001171843-26-005241.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-005241 |
| 2026-07-28 | 22:00 ET | [8-K](/filings/0001171843-26-004903.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001171843-26-004903 |
| 2026-05-07 | 14:00 ET | [10-Q](/filings/0001171843-26-003126.md) | Quarterly report, period 2026-03-31 | 0001171843-26-003126 |
| 2026-05-06 | 20:00 ET | [8-K](/filings/0001171843-26-003066.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-003066 |
| 2026-04-30 | 18:00 ET | [8-K](/filings/0001171843-26-002887.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001171843-26-002887 |
| 2026-02-27 | 17:45 ET | [8-K](/filings/0001171843-26-001184.md) | 5.07 Shareholder vote results | 0001171843-26-001184 |
| 2026-02-09 | 19:00 ET | [10-Q](/filings/0001171843-26-000700.md) | Quarterly report, period 2025-12-31 | 0001171843-26-000700 |
| 2026-02-04 | 21:00 ET | [8-K](/filings/0001171843-26-000624.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001171843-26-000624 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0001171843-25-007594.md), filed Nov 25, 2025.

## Forecast league

Q4 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/ff5082b9-18ab-41e9-80c2-179b24ad03c3)

## About the filer

- CIK: 796505
- Tickers: CLFD
- Exchange: Nasdaq
- SIC code: 3661 Telephone & Telegraph Apparatus
- State of incorporation: MN
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.